Greenhouse Funds LP (Baltimore)


Greenhouse Funds LP is a large advisory firm based in Baltimore. It manages $282 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Maryland and New York.

Greenhouse Funds provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Greenhouse Funds: assets under management

The assets under management (AUM) of Greenhouse Funds LP is $282 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 399% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $282 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $56.4 million each.
Greenhouse Funds has custody of $187 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Greenhouse Funds LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Greenhouse Funds LP

James Michael Gentile has been acting as President since 1 Mar 2014. Joseph Michael Milano has served as the Chief Investment Officer since 1 Jun 2013. Charles Alan Morris joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Joseph Michael Milano Trustee 1 Mar 2011 50% - 75% 6348021
Kirsten Tara Milano Trustee 1 Mar 2011 50% - 75% 6376999
Joseph Milano Trustee 1 Mar 2011 50% - 75% 6348021
Kirsten Milano Trustee 1 Mar 2011 50% - 75% 6376999
James Michael Gentile Director of research 1 Jun 2013 Other 4454950
Joseph Michael Milano Chief investment officer 1 Jun 2013 Other 6348021
Cara Marino Gentile Limited partner 1 Jun 2013 25% - 50% 6374756
Rev Trust Dtd 3/30/11 And K T Milano Tr Kirsten T Milano Rev Trust Dtd 3/30/11 Ten Com J M Milano Tr Joseph M Milano Limited partner 1 Jun 2013 25% - 50% xxx-xx-xxxx
Greenhouse Gp Llc General partner 1 Jun 2013 Other 46-3248167
Joseph Milano Chief investment officer 1 Jun 2013 Other 6348021
Patrick Joseph Mitchell Chief financial officer/chief compliance officer 1 Jul 2013 Other 5077500
James Michael Gentile Director 1 Mar 2014 Other 4454950
Joseph Michael Milano Director 1 Mar 2014 Other 6348021
Baird Financial Corporation Limited partner 1 Mar 2014 Other 39-1289533
Charles Richard Reese Director 1 Mar 2014 Other 6356394
William Walter Mahler Director 1 Mar 2014 Other 1545141
Terrance Patrick Maxwell Director 1 Mar 2014 Other 1463158
Joseph Milano Director 1 Mar 2014 Other 6348021
Richard Reese Director 1 Mar 2014 Other 6356394
Charles Alan Morris Chief operations officer 1 Jul 2014 Other 1781800
Charles Alan Morris Limited partner 1 Jan 2015 Other 1781800
Charles Alan Morris Director 1 Nov 2016 Other 1781800

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Baird Holding Company Shareholder 1 May 2001 75% - 100% 39-2027336
Inc. Baird Financial Group Shareholder 1 Oct 2012 75% - 100% 80-0844225
Rev Trust Dtd 3/30/11 And K T Milano Tr Kirsten T Milano Rev Trust Dtd 3/30/11 Ten Com J M Milano Tr Joseph M Milano Member 1 Nov 2016 25% - 50% xxx-xx-xxxx

Based in Baltimore

The principal office where Greenhouse Funds LP performs its advisory services is located at 650 South Exeter Street, Baltimore, MD 21202 The mailing address of the firm is 99 Tulip Avenue, Floral Park, NY 11001. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 443-961-3914. The normal business hours are 9am-5pm on Monday - Friday.